Location: AB / MB / SK, Canada & Nevada, U.S | Operator: Various Royalty: 0.1-18% and WI: 2-100% In addition to its producing assets, Franco-Nevada has exposure to a portfolio of undeveloped, non-producing oil and gas interests. These are grouped into 27 different assets covering an area of over 1,500 km2 and are located in Alberta, Saskatchewan and Manitoba along with a small amount of acreage in Nevada. Much of the interests consist of mineral title which is currently unleased. E NE R GY E X P LOR ATI ON ASSETS Location Big Bend Alberta Carbon Alberta Cindy/Belloy Alberta Colgate Saskatchewan Devil Alberta Dixonville Alberta Elko Mineral Rights Nevada Flatrock British Columbia Granor Alberta Harvest – SK Saskatchewan Hotchkiss Alberta Killam Alberta Kimiwan Alberta Liege Alberta Long Coulee Alberta Melville Saskatchewan Paradise British Columbia Provost Alberta Prudential – MB Manitoba Prudential – SK Saskatchewan Steelman Saskatchewan Swift Current Saskatchewan Touchwood Alberta Turner Alberta W. Calling Lake Alberta Widewater Alberta O T H E R P R O D U C I N G E N E R G Y A S S E T S E NE R GY E X P LOR ATI ON ASSETS Location Alameda Oil Saskatchewan Alida Oil Saskatchewan Benson Oil Saskatchewan Carnduff Oil Saskatchewan Cessford Gas Alberta Claresholm Gas Alberta E. Crossfield Gas Alberta Edson Gas Alberta Elswick Oil Saskatchewan Enchant Gas Alberta Ferrybank Gas Alberta Ghost Pine Gas Alberta Hanlan Gas Alberta Harmattan Gas Alberta Harvest – AB Gas Alberta Huntoon Oil Saskatchewan Innes Oil Saskatchewan Inverness Oil Alberta Laglace Gas Alberta Lesser Slave Oil Alberta Lochend Gas Alberta Lone Pine Gas Alberta Macoun Oil Saskatchewan Manitoba Oil Manitoba Medicine Hat Gas Alberta Midale Royalties Oil Saskatchewan Midale WI Oil Saskatchewan Montreal Trust Oil Saskatchewan Neal Hot Springs Geothermal Oregon Oungre Oil Saskatchewan Pearmac – AB Gas Alberta Pearmac – MB Oil Manitoba Pearmac – SK Oil Saskatchewan Prudential – AB Gas Alberta Qu’Appelle Oil Saskatchewan Queensdale Oil Saskatchewan Rainbow South Oil Alberta Rocanville Oil Saskatchewan Royce Gas Alberta Stoughton Oil Saskatchewan Swalwell Gas Alberta Tidewater Oil Saskatchewan Viewfield Oil Saskatchewan Watts/Craig Oil Alberta Franco-Nevada Corporation ★ 111 TSX / NYSE: FNV North America Additional Information Mineral Resources and Mineral Reserves